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Tesla's Q4 earnings: delivers Q4 beat on 37% surge in revenue
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Star Tech Stocks Rally! TESLA Stock Rose Over 40%^!

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To the Moo joined discussion · Jan 30, 2023 15:55
The tech-dominated Nasdaq Composite is off to a good start in 2023, up over 11% year-to-date as inflation has slowed and optimism from the Fed is on the rise.
Several star tech stocks are also performing well, with Tesla (TSLA.US) up over 40%^ YTD, Nvidia (NVDA.US) up nearly 40%^ YTD, and Meta Platforms (META.US) up over 26%^ YTD.
The uptrend in tech stocks has remained strong in recent weeks, with Tesla up for 6 consecutive trading days since Jan 20. ls it a bullish signal for techstocks?
^Data as of Jan 27, 2023. Source: moomoo
Will the Rebound Last?
Technology stocks seemed to rally following a string of losses.However, inflation is still the most important indicator. If the inflation level drops significantly, which, in turn, makes the Fed set aside its aggressive rate hike plans, it is likely that the Fed may change its attitude. Once the Fed’s stance reverses, U.S. stocks may sustain the momentum of this latest rally.
U.S. Star Tech Stocks
Source: moomoo
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Star Tech Stocks Rally! TESLA Stock Rose Over 40%^!
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